Ayodhya (Uttar Pradesh) [India], December 2: The soft glow of a laptop screen illuminated a small room in Ayodhya, where a young software engineer was about to change the trajectory of financial technology in India. This was Anvesh Tiwari’s world – a universe where numbers, algorithms, and technological possibilities converged.
Louvain-la-Neuve (Belgium) [Europe], December 2: Odoo S.A., a leading provider of integrated business software, today announced a $526 million transaction led by CapitalG and Sequoia Capital, with participation from BlackRock, Mubadala Investment Company, HarbourVest Partners, AVP, and Alkeon. This secondary capital transaction reflects strong confidence in the company’s
As early investors in startups increasingly seek exit opportunities, Piyush Gupta, the former managing director of venture capital firm Peak XV, established Kenro Capital on 28 November to focus on late-stage secondary deals. Gupta told a media house that the fund will look for acquisitions in the consumer and financial
Following a cabinet meeting, Delhi Chief Minister Atishi on November 28 announced an extension of the Delhi Electric Vehicle (EV) Policy till March 31, 2025. The Delhi cabinet has agreed to prolong the EV policy and execute subsidies and road tax exemptions that have been languishing since January 1 due
The next hearing in the continuing trademark dispute between Elon Musk's Tesla Inc., a major electric vehicle firm, and Tesla Power, a battery company situated in Delhi NCR, has been postponed to April 2025 by the Delhi High Court (HC). According to a media outlet, the court postponed
The Income Tax Department has sent warnings to Paisabazaar, an insurtech platform owned by PB Fintech, about a few vendor payments and the organisations connected to them. The Assistant Commissioner of Income Tax and the Deputy Director of Income Tax in Delhi sent out the notices. According to the company&
In response to a complaint by Winzo Games alleging unfair business practices regarding the listing of real money gaming applications on the Play Store, the Competition Commission of India (CCI) on 28 November ordered a thorough probe into Google. In its ruling, the CCI determined that Google had abused its
Union Minister Piyush Goyal stated on 28 November that the Ministry of Electronics and Information Technology is still considering new rules for India's laptop import policy. "I think this is still under deliberation," Goyal responded when asked about the import authorisation mechanism for IT hardware products
Easemytrip, an online travel aggregator, has launched a platform that gives companies a comprehensive way to handle their business travel requirements. EMT Desk seeks to simplify the experience for companies seeking to increase employee travel happiness and reduce travel expenses by combining strategic oversight, employee-friendly benefits, and real-time travel management,
Uber has made a big step to increase customer loyalty in India's fiercely competitive ride-hailing sector by launching its global subscription programme, Uber One. According to media sources, the programme, which now has over 25 million subscribers worldwide, offers a variety of incentives aimed at luring regular users.
Hyperpure, Zomato's B2B supply division, has introduced the "Express" delivery service in response to the growing demand for speedy deliveries. The express delivery service will be accessible from 8 AM to 4 PM, according to the Hyperpure app. It will cost INR 99 and be available
According to data from market intelligence platform Redseer, sales of electric vehicles (EVs) are expected to reach 22 million units by 2030, having grown rapidly from 0.8 million units in 2023. In order to target this segment, on 27 November, Honda Motorcycle & Scooter India (HMSI) unveiled the Activa